by Amruth Sundarkumar | Jan 28, 2022 | Singapore Dollar Bonds
Capitaland Integrated Commercial Trust (CICT) reported earnings for H2 ended December 2021 with distribution per unit (DPU) 8.9% lower YoY to S$0.0522. The fall was primarily due to the private placement of ~127.6mn units in mid-December through which it raised...
by Amruth Sundarkumar | Dec 7, 2021 | Singapore Dollar Bonds
Singapore-based food and agri-business company Olam International announced that it has secured a $150mn club loan that could fund the demerger and IPO of its new operating company Olam Food Ingredients (OFI). This comes about four months after the company...
by Amruth Sundarkumar | Dec 6, 2021 | Singapore Dollar Bonds
CapitaLand Integrated Commercial Trust (CICT) made its foray into the Australia market with an acquisition of two Grade A office buildings worth A$330.7mn ($232mn) in Sydney via its indirectly wholly-owned subsidiary. This is CICT’s first project in Australia...
by Amruth Sundarkumar | Nov 15, 2021 | Corporates, Singapore Dollar Bonds
CapitaLand Integrated Commercial Trust’s (CICT) announced that the trust will divest its stake in One George Street to SG OGS, a private company, at a valuation of S$1.28bn.CICT will receive ~S$640.7mn, or 50% of the consideration for the sale. SG OGS has paid...
by Amruth Sundarkumar | Jul 28, 2021 | Singapore Dollar Bonds
CapitaLand Integrated Commercial Trust reported a 75% rise in its Distribution per Unit (DPU) to S$0.52 for 1H2021. Its distributable income was at S$336mn ($247mn) driven by contribution from CapitaLand Commercial Trust (CCT) assets and a 100% contribution from...
